Global shares were trading mixed Tuesday with some markets closed or anticipating holidays and investors showing muted reaction to the latest U.S. banking failure.
A person walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, May 2, 2023, in Tokyo. Asian shares were mixed Tuesday with some markets closed or anticipating holidays and investors showing muted reaction to the latest historic U.S. banking failure. –
Australia’s S&P/ASX 200 dipped 0.9% to 7,267.40, after the Reserve Bank of Australia raised interest rates by a quarter-percentage point, an unexpected move that signaled further tightening might be ahead. Economic and inflation reports are expected in Europe ahead of the central bank meeting later in the week. Markets are also bracing for what is hoped to be the last interest rate hike by the U.S. Federal Reserve for some time. Oil prices fell, while currencies were little changed.
“We believe that the government will resume subsidies on electric vehicles, which would benefit both the manufacturing and services sector. The government might also push infrastructure construction faster,” said Robert Carnell and other analysts at ING in their report.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grupo Frontera & Bad Bunny’s ‘Un x100to’ Hits No. 1 on Billboard Global ChartsGrupo Frontera and sanbenito's 'Un x100to' hits No. 1 on both Billboard Global charts. 🌎📈
Read more »
Dallas Retailer Tuesday Morning is Going Out of Business; Liquidation Sales Coming SoonThe Dallas-based retailer has closed 265 stores since February, and the remaining 200 will start liquidation sales soon. Included are 59 stores in Texas.
Read more »
If Bryce Harper gets cleared, he could return as soon as TuesdayThe long-awaited moment, even with a record quick healing time, may have arrived as Harper could play as soon as Tuesday.
Read more »
Bryce Harper Could Return to Phillies' Lineup Tuesday Night Vs. DodgersBREAKING Bryce Harper will have his all-important follow-up appointment in L.A. Monday, and if it goes the way he and the Phillies are hoping, he could make his season debut Tuesday night at Dodger Stadium. CSeidmanNBCS of NBCSPhilly has the details:
Read more »
Tuesday Morning Is Going Out of Business and Closing All StoresDiscount retailer Tuesday Morning is officially going out of business and closing all 200 of its remaining stores.
Read more »